A satellite image shows an oil terminal at Kharg Island, Iran, on Feb. 25, 2026. 2026 Planet Labs PBC/Handout via Reuters
President Donald Trump on March 29 suggested that he was considering taking Iran’s oil and seizing Kharg Island, Tehran’s key oil export hub, as thousands of U.S. troops were deployed to the Middle East.
In an interview with the Financial Times, Trump said “his preference would be to take the oil” in Iran, likening it to the U.S. operation in Venezuela on Jan. 3 that resulted in Venezuelan leader Nicolás Maduro’s ouster and U.S. control over the country’s oil industry.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.
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